Structural change in Japan : macroeconomic impact and policy challenges / [edited by] Bijan B. Aghevli, Tamim Bayoumi, Guy Meredith.

Introduction / Stanley Fischer - The yen : summary of staff views / Bijan B. Aghevli - The yen : past movements and future prospects / Guy Meredith - External sector : summary of staff views / Bijan B. Aghevl - Japanese foreign direct investment and regional trade / Tamim Bayoumi and Gabrielle Lipworth - Monetary policy : summary of staff views / Guy Meredith - Structural change and information content of financial variables for monetary policy / Christopher Towe - Background paper : a reexamination of indicators of monetary and financial conditions / Gabrielle Lipworth and Guy Meredith - Fiscal policy : summary of staff views / Guy Meredith - The Japanese fiscal system and fiscal transparency / Tamim Bayoumi - Background paper : Japan's medium- and long-term fiscal challenges / Kenji Okamura - Concluding remarks.

v, 244 p. : ill.

"This volume is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer"--Back cover.
Includes bibliographical references.

1557756961 (pbk.)